The FCC has decided against taking any action on Stephen Colbert's May 1 Late Show broadcast, in which he treated President Donald Trump to a series of increasingly Rabelaisian insults, in response to on-air insults Trump had delivered earlier in the day to CBS News-man John Dickerson.
Colbert's slew of frat-boy remarks culminated in a crack that the only thing Trump's mouth is good for "is being Vladimir Putin's [expletive] holster." The naughty word was bleeped in the…